electricity - Latest news GMK Center

The proposed steps do not address the root causes of high prices

This year it will increase by about 2%.

From July 1, 2023, electricity tariffs for businesses increased by 25-80%, depending on the hour of supply

The Italian government is likely to abolish the exemption from electricity transmission and distribution charges for energy-intensive industries

Italian industry has to compete in conditions of support for its industries from Germany and France

The company aims to increase its own electricity production from 15 million kWh per year to 60 million kWh

This will ensure a stable process of blast furnace melting and cooling of hot blast lances in blast furnaces

The H2 Green Steel plant in Sweden is scheduled to start operating in 2025

The level of gas prices in Turkiye may balance with the cost of energy resources in the EU already in June of this year

Currently, the steel sector consumes about 75 TWh of electricity per year

The draft market reform proposal will be presented on March 16 2023

The total consumption of electricity in the country in 2022 decreased by 31.5% y/y